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Financial and business news from Bulgaria

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  • Britain's leading airline carrier British Airways (British Airwazs) has been forced to auction its own works by renowned masters to raise the funds it needs to survive the pandemic, TASS reported.
    British Airways sells masterpieces at auction to raise money
    2020-06-12 04:30:16
    Britain's leading airline carrier British Airways (British Airwazs) has been forced to auction its own works by renowned masters to raise the funds it needs to survive the pandemic, TASS reported.
  • The Energy and Water Regulatory Commission has launched an investigation into manipulation and insider trading in electricity trading on the free market.
    EWRC launched an investigation into manipulation and misuse of information in the trade of electricity
    2020-06-12 02:30:04
    The Energy and Water Regulatory Commission has launched an investigation into manipulation and insider trading in electricity trading on the free market.
  • Travels around the EU are now possible, but people are shunning big hotels. Guest houses and private accommodation are preferred. One analysis from Germany suggests that the cheapest prices are in Bulgaria.
    Prices for holidays in 27 countries: Cheapest in Bulgaria
    2020-06-12 01:30:18
    Travels around the EU are now possible, but people are shunning big hotels. Guest houses and private accommodation are preferred. One analysis from Germany suggests that the cheapest prices are in Bulgaria.
  • 90% of communication with the tax administration is online
    NRA with new e-services portal by mid-2021
    2020-06-12 00:30:18
    90% of communication with the tax administration is online
  • The operating regime of casinos and gambling halls remains unchanged, they will not be limited to 5-star hotels and resorts, as envisaged in the proposed amendments to the Gambling Act, tabled by NFSB leader Valery Simeonov. This was decided by the budget committee in the National Assembly. “For” the bill voted 5 deputies, the rest voted “abstentions”.
    Casinos remain everywhere
    2020-06-11 23:30:19
    The operating regime of casinos and gambling halls remains unchanged, they will not be limited to 5-star hotels and resorts, as envisaged in the proposed amendments to the Gambling Act, tabled by NFSB leader Valery Simeonov. This was decided by the budget committee in the National Assembly. “For” the bill voted 5 deputies, the rest voted “abstentions”.
  • Intense talks continue to attract foreign tourists to Bulgaria, which thanks to the efforts of the government and the National Operations Headquarters is among the countries with the lowest distribution of COVID-19.
    Angelkova: Bulgaria is undoubtedly sure about the health of tourists
    2020-06-11 21:30:19
    Intense talks continue to attract foreign tourists to Bulgaria, which thanks to the efforts of the government and the National Operations Headquarters is among the countries with the lowest distribution of COVID-19.
  • On 21 January this year, illegal shipment of waste within the meaning of Regulation 1013 was established after an alert to the RIEW-Montana. The cargo representing plastic waste of non-uniform composition in bulk was not accompanied by the documentation required by the Regulation and the recipient refused the acceptance of the waste.
    We returned tir with plastic waste to Italy
    2020-06-11 20:30:04
    On 21 January this year, illegal shipment of waste within the meaning of Regulation 1013 was established after an alert to the RIEW-Montana. The cargo representing plastic waste of non-uniform composition in bulk was not accompanied by the documentation required by the Regulation and the recipient refused the acceptance of the waste.
  • Cypriot Pepper Invest, which asked in April to buy a controlling stake in Bulgaria's Svilocell paper plant, has withdrawn its request from the CPC.
    They're freezing the Svilocell deal.
    2020-06-11 19:30:16
    Cypriot Pepper Invest, which asked in April to buy a controlling stake in Bulgaria's Svilocell paper plant, has withdrawn its request from the CPC.